Ann: Quarterly Report and Production Guidance/Cashflow Report, page-76

Yes I am on the call and the overarching message for me is that this is a long term hold

• Some challenges as all new mines encounter
• Producing $$ to help fund BP33 towards a FID
• We are only aggregate 14 weeks into mining operations and costs/profitability will become clearer over time. Feasibility study numbers were a best guess at the time of release.
• There is strong demand from customer enquires for the products
• Fines sales to compliment revenue whilst grades are not what they expected.
• BP33 underground (If signed off as commercially viable) will improve the production rates during the wet seasons

Overall, this is a reality check that we are still early days and there is a lot of work to be done, but looking with a longer term lens its evident that they have a plan and I feel we are in good hands.